Michell Garner
How to obtain and pay for a short sale... Help pls
I have decided move to the area Id like to fix and flip. I found a short sale that will accomodate my family. Ive never completed a short sale purchase. Can someone help me with this? I have a dp the house has been r...
Matt Aiello
Just Starting out. Best Strategy?
Hi!I am looking at buying my first property sometime before the end of the year (trying to give myself a nice Christmas present). I have a few questions though for current investors in Northwest Arkansas. I am unsure ...
Todd Kozak
Real Estate Lawyer for LLC advice in St. Louis
I just purchased my 4th rental property, and currently own all properties under my own name...no LLC. I know there are different schools of thought on how to structure the business. Does anyone know a fair, reasonab...
NA Ken
Investment Property loan
I was denied a loan to purchase an investment property using quicken loans. They said the property value must be greater than the loan amount, have a low income to debt ratio, and have enough reserves.
The property ...
John Mcdaniel
How to pick most favorable state for incorporation
Currently in the process of purchasing a residential REO in NJ, but intend on buying property in Florida over the next several months, as well. The plan is to form an LLC, and as we are doing business in both states ...
Adam Reed
Good Tenant, but can only pay cash
I bought my duplex 3 years ago as a house hack (before I knew what a house hack was). I inherited tenants who are fantastic. Quiet, clean, always pay rent a few days early and have been okay with hefty rent increases ...
Anna N.
Minneapolis first time investor
Hi everyone, first I'm glad that I am a member of BP. This is my first property investment. My husband and I are looking for 2-4plex to invest in Twin city MN. We got approval a loan about $200k, and $70k cash. The...
Tom C.
C Corp acting as GP of an Limited Partnership
I am wondering what the group thinks of a two-entity stucture like this:
Limited Partnership - LP interests owned by individual [Self/Family], and potentially a small portion owned by the C-Corp, if it makes sense to...
Rama Krishna
What are the issues when we invest in Section 8 properties?
Hi All, I am looking to buy a 6 unit property in Marietta, GA. And couple of units are section 8. Is it a red flag? What do you recommend? Also anyone has knowledge on Marietta, GA market?Thanks for help,Rama
Lance H.
LLC vs. S Corp for buy and hold
Hi Everyone,
In searching through the forums I have seen people say regularly that LLC is preferable to an S Corp for passive business income like buy and hold. My question is why?
I ask because I alre...